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Vermilion Energy Reports Q2 FFO Per Share Of $1.10

Author: Benzinga Newsdesk | August 02, 2023 05:08pm

Vermilion Energy (NYSE:VET) reported quarterly FFO of $1.10 per share. Q2 2023 production averaged 83,152 boe/d an increase of 1% from the previous quarter due to the acquisition of additional working interest in the Corrib Natural Gas Project in Ireland and new production from our Mica Montney, United States, and southeast Saskatchewan assets, partially offset by the disposition of higher-cost assets in southeast Saskatchewan and fire-related downtime in West Central Alberta.

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